Greece: Safety Glass Market 2025

Safety Glass Market Size in Greece

The Greek safety glass market skyrocketed to $X in 2022, surging by 22% against the previous year. Overall, consumption enjoyed a remarkable increase. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the immediate term.

Safety Glass Production in Greece

In value terms, safety glass production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 81%. Safety glass production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Safety Glass Exports

Exports from Greece

In 2022, the amount of safety glass exported from Greece fell rapidly to X square meters, with a decrease of -31.3% against 2021 figures. Over the period under review, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 295% against the previous year. As a result, the exports attained the peak of X square meters, and then reduced rapidly in the following year.

In value terms, safety glass exports expanded modestly to $X in 2022. In general, exports, however, saw resilient growth. The growth pace was the most rapid in 2021 when exports increased by 129% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Cyprus (X square meters) was the main destination for safety glass exports from Greece, accounting for a 67% share of total exports. Moreover, safety glass exports to Cyprus exceeded the volume sent to the second major destination, Bulgaria (X square meters), more than tenfold. Lebanon (X square meters) ranked third in terms of total exports with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cyprus amounted to +29.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+3.7% per year) and Lebanon (+44.1% per year).

In value terms, Cyprus ($X) remains the key foreign market for safety glass exports from Greece, comprising 43% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a 19% share of total exports. It was followed by Albania, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Cyprus amounted to +18.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+12.4% per year) and Albania (+5.4% per year).

Export Prices by Country

The average safety glass export price stood at $X per square meter in 2021, declining by -42.1% against the previous year. Overall, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2013 an increase of 88%. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Albania ($X per square meter), while the average price for exports to Cyprus ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Safety Glass Imports

Imports into Greece

In 2022, the amount of safety glass imported into Greece surged to X square meters, with an increase of 18% on the year before. In general, imports showed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, safety glass imports surged to $X in 2022. Over the period under review, imports saw resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 64%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Ukraine (X square meters), Italy (X square meters) and China (X square meters) were the main suppliers of safety glass imports to Greece, together accounting for 66% of total imports. These countries were followed by Romania, Bulgaria, Belgium, Iran, Turkey and Germany, which together accounted for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Iran (with a CAGR of +216.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest safety glass suppliers to Greece were Belgium ($X), Italy ($X) and China ($X), with a combined 46% share of total imports. Romania, Ukraine, Germany, Turkey, Bulgaria and Iran lagged somewhat behind, together accounting for a further 42%.

In terms of the main suppliers, Iran, with a CAGR of +209.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average safety glass import price amounted to $X per square meter, increasing by 25% against the previous year. In general, the import price recorded a relatively flat trend pattern. The import price peaked at $X per square meter in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per square meter), while the price for Ukraine ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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